1. Market Review/Analysis and Robot Strategy Selection for August 6

After a short-term fluctuation, the technical indicators for Bitcoin are gradually showing a downtrend. On the daily chart, the Bollinger Bands are opening downwards, and the price has broken below the lower band. The MACD is showing a death cross and widening, with the DIF dipping towards the zero axis, indicating a bearish dominant trend and potential further downward risk. On the 4-hour chart, the price is being suppressed by the middle band, and the Bollinger Bands are contracting (with the upper band contracting more significantly). The MACD has formed a golden cross below the zero axis and is consolidating, while trading volume is shrinking, indicating insufficient short-term rebound momentum, which may lead to continued fluctuating downward movement.

The short-term key resistance level remains at $116,500, with support at $112,500. $110,000 may be the short-term bull-bear dividing line. Currently, Bitcoin spot ETFs have seen net outflows for four consecutive days, and it appears that the main players are also taking profits. In the next three days, there may be a rapid test of the psychological level at $110,000. If so, in the next 1 to 2 weeks, attention should be paid to the validity of the support at $105,600. If it holds, it will maintain high-level fluctuations; if it breaks down, it may trigger panic selling, targeting $100,000. However, even if there is a subsequent decline, it is mainly a correction and should not be seen as a reversal.

On the daily chart for ETH, the MACD shows a high-level death cross spreading, with the lower Bollinger Band support at $3,435. If it breaks below this level, it will test $3,346 (the Fibonacci retracement level). On the 4-hour chart, the EMA120 support at $3,535 becomes a dividing line between bulls and bears, with MACD bullish momentum weakening and short-term pressure at $3,700.

You can still use the combination strategy: BTC spot Martingale + ETH contract grid short.

2. Robot Trading Strategy Reference
Strategy Recommendation 1: With a pullback and rebound, you can position in BTCUSDT spot Martingale.
How much to increase the position: 1.5%;
Maximum increase times: 5;
Take profit ratio per round: 2%;

Strategy Recommendation 2: The probability of a volatile pullback is greater, and you can layout a short position in ETHUSDT contract grid.
Price range: $3410 - $3820;
Leverage: 5x;
Grid Quantity: 30
Expected duration of strategy operation: August 6 - August 10;

Warm reminder: The above content is for reference only and does not constitute investment advice. More information can be consulted to make reasonable investment decisions.

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